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Stockreport

Why Fitbit, Twilio, and Universal Display Jumped Today [The Motley Fool]

FITBIT INC (FIT)  More Company Research Source: The Motley Fool
NASDAQ:AMEX Investor Relations: investor.fitbit.com/overview/default.aspx
PDF Find out what sent the market sharply higher again today. Dan Caplinger ( TMFGalagan ) Feb 14, 2018 at 4:32PM The stock market kept rising on Wednesday, this time overcoming concerns about economic data. Major benchmarks were up between 1% and 2% after having initially fallen after the morning release of January's Consumer Price Index showed a larger increase in prices than most had expected. That raised fears of more aggressive Fed tightening of monetary policy, but investors shrugged off those worries and instead focused on the ongoing health of the broader economy. Some stocks had even stronger gains, and Fitbit ( NYSE:FIT ) , Twilio ( NYSE:TWLO ) , and Universal Display ( NASDAQ:OLED ) were among the best performers on the day. Here's why they did so well. Watch Fitbit soar Shares of Fitbit gained 9.5% as investors parsed through the [Read more]

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